Mid Penn director granted 1,700 restricted shares
Mid Penn Bancorp director John E. Noone reported an equity compensation grant of 1,700 shares of restricted common stock on April 1, 2026.
Rhea-AI Filing Summary
Mid Penn Bancorp director John E. Noone reported an equity compensation grant of 1,700 shares of restricted common stock on April 1, 2026. The footnotes state these shares were granted in the form of restricted stock that vests 100% on the first anniversary of the grant date, and were awarded at no cash cost to him.
Following this grant, Noone holds 24,489.899 shares of Mid Penn Bancorp common stock directly, in addition to the 1,700 restricted shares, with the balance including shares acquired through a Dividend Reinvestment Plan and previously vested restricted stock. He also reports indirect holdings of 49,400 shares through the John E. Noone Trust, 3,200 shares in an IRA, and 2,500 shares in a SEP IRA. The filing shows no open-market purchases or sales, only this compensation-related award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,700 shares
Grant/Award
5 txns
Insider
Noone John E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Mid Penn Bancorp, Inc. Common Restricted Stock | 1,700 | $0.00 | $0.00 |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Mid Penn Bancorp, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Mid Penn Bancorp, Inc. Common Restricted Stock — 1,700 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 24,489.899 shares (Direct);
Mid Penn Bancorp, Inc. Common Stock — 49,400 shares (Indirect, By John E. Noone Trust);
Mid Penn Bancorp, Inc. Common Stock — 3,200 shares (Indirect, By IRA);
Mid Penn Bancorp, Inc. Common Stock — 2,500 shares (Indirect, By John Noone SEP IRA)
Footnotes (2)
- F1. Shares granted in the form of restricted stock, which vests 100% on the first anniversary of the date of grant.
- F2. Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock that vested on 4/1/2026.
Key Figures
Restricted stock grant: 1,700 shares
Direct common stock holdings: 24,489.899 shares
Trust indirect holdings: 49,400 shares
+4 more
7 metrics
Restricted stock grant
1,700 shares
Award of Mid Penn Bancorp restricted common stock on April 1, 2026
Direct common stock holdings
24,489.899 shares
Mid Penn Bancorp common stock held directly after transactions
Trust indirect holdings
49,400 shares
Mid Penn Bancorp common stock held indirectly via John E. Noone Trust
IRA indirect holdings
3,200 shares
Mid Penn Bancorp common stock held indirectly via IRA
SEP IRA indirect holdings
2,500 shares
Mid Penn Bancorp common stock held indirectly via John Noone SEP IRA
Grant vesting schedule
100% after one year
Restricted stock vests 100% on first anniversary of grant date
Grant price per share
$0.0000 per share
Reported price for restricted stock award; compensation, not a market purchase
Key Terms
restricted stock, Dividend Reinvestment Plan, IRA, SEP IRA
4 terms
restricted stock financial
"Shares granted in the form of restricted stock, which vests 100% on the first anniversary"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Dividend Reinvestment Plan financial
"Balance includes shares acquired through Dividend Reinvestment Plan and shares of restricted stock"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
IRA financial
"Mid Penn Bancorp, Inc. Common Stock ... indirect ... nature_of_ownership: By IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
SEP IRA financial
"Mid Penn Bancorp, Inc. Common Stock ... indirect ... nature_of_ownership: By John Noone SEP IRA"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MPB director John E. Noone report?
John E. Noone reported receiving an award of 1,700 shares of Mid Penn Bancorp restricted common stock on April 1, 2026. The grant is compensation-related, carries no cash purchase price, and vests in full on the first anniversary of the grant date.
What indirect holdings in MPB stock does John E. Noone report?
John E. Noone reports indirect ownership of Mid Penn Bancorp common stock through several accounts: 49,400 shares via the John E. Noone Trust, 3,200 shares in an IRA, and 2,500 shares in a SEP IRA, all listed as indirect holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
